# Cohere announces initial close of Series E targeting up to CAD $7 billion at $35.7 billion valuation

> Original title: We're proud to announce the initial close of our Series E, targeting up to CAD $7 billion at a CAD $35.7 billion valuation; marking the l...

- Source: Cohere
- Published: 2026-10-29T15:49:48.000Z
- Bad Influence: https://badinfluence.news/items/gv9yj9fans9ci4bzkm691z5ce
- Original: https://x.com/cohere/status/2115833490126336507

## Summary

Cohere announces the initial close of its Series E round, targeting up to CAD $7 billion at a CAD $35.7 billion valuation. The company says the round is the largest private financing in Canadian startup history.

## Post

We're proud to announce the initial close of our Series E, targeting up to CAD $7 billion at a CAD $35.7 billion valuation; marking the largest private financing round in Canadian startup history.

[Video](https://badinfluence.news/api/img-proxy?u=https%3A%2F%2Fpbs.twimg.com%2Fmedia%2FHVzzhqmWIAArD9T.jpg&mode=thumb&exp=1793491200&sig=4533b3d051f5518c)